Cairo: President Abdel Fattah El-Sisi has issued Presidential Decree No. 733 of 2025, which establishes the Board of Directors for the Central Bank of Egypt (CBE). The board will be chaired by Hassan El-Sayed Hassan Abdalla, who is the Acting Governor of the Central Bank. This formation is effective from November 27, 2025, and will last for a term of one year.

According to State Information Service Egypt, the newly formed board includes key figures from various sectors. Rami Ahmed Adel Abou El-Naga and Tarek Mohamed Badawy El-Khouly have been appointed as Deputy Governors of the Central Bank. Mohamed Farid Saleh will serve as the Acting Chairman of the Financial Regulatory Authority.

Other members include Ali Mohamed Ali Farmawy, who is recognized as a technology expert, and Sherif Hussein Kamel Mohamed, known for his expertise in finance. Khaled Ahmed Fouad Mahmoud Sherif brings his banking expertise to the board, while Essam Mohamed Abdelhady Amer is noted for his proficiency in accounting and finance.

The board also includes economic experts Khaled Ibrahim Saqr Ali, Ahmed Gad Gad Radwan, and Amina Amin Helmy Hassan. This decree has been officially published in the Official Gazette, marking a significant step in the governance of Egypt’s central banking system.